Anxiety around a potential yield curve inversion sent the yield on the benchmark 10-year Treasury note and the 30-year Treasury bond to 2.892 per cent and 3.158 per cent respectively. Bond yields move inversely to prices.

On the data front, the US trade deficit increased 1.7 per cent to $55.5 in October, hitting a 10-year high, as soybean exports continued to decline and imports of consumer goods increased largely.

The non-manufacturing index rose to 60.7 in November as services sectors continued to expand, according to data released Thursday by the Institute for Supply Management.

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